ISO-NE

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By Michael Kuser ISO-NE forecasts sufficient resources to meet demand for electricity this winter and will implement special operating procedures to maintain reliability in the event of higher-than-projected demand, unforeseen generator outages or natural gas supply constraints that squeeze gas-fired power plants. The RTO on Thursday issued its 2017/2018 winter...

By Michael Kuser BOSTON — Massachusetts’ $2,500 rebates are increasing electric vehicle sales, and state officials are preparing for the shift in demand now, the state’s Department of Energy Resources said Thursday. “We do have a goal for 300,000 electric vehicles to be registered in the state by 2025,” DOER...

By Rich Heidorn Jr. FERC last week rejected a request to expand its time frame for relief in a dispute over ISO-NE rules punishing resource withholding (EL16-120-001). In January 2017, FERC agreed with the New England Power Generators Association (NEPGA) that ISO-NE’s peak energy rent (PER) adjustment should be raised.

WESTBOROUGH, MA — Boston leads large, northeastern cities in economic growth, outpacing both New York and Philadelphia in payroll employment, Moody’s Analytics economist Ed Friedman told the ISO-NE Planning Advisory Committee on Thursday. | BLS, Moody's Analytics According to figures compiled by Moody’s from the U.S. Bureau of Labor Statistics,...

By Michael Kuser BOSTON — Atlantic Canada, New York and New England are one region geographically, and the jurisdictions will be drawn into ever closer cooperation on energy. That was the consensus among a dozen or so speakers at the 25th Annual Energy Trade & Technology Conference hosted by the...

By Michael Kuser BOSTON — New England’s transition to a clean energy future may depend more on new transmission lines from Canada than on new or expanded natural gas pipeline capacity, panelists said at a regional energy conference last week. Infrastructure Panel (left to right): Donald Jessome, Transmission Developers Inc.;...

The New England Power Generators Association (NEPGA) on Monday filed a request for rehearing of FERC’s Oct. 6 order accepting ISO-NE’s updated cost of new entry value for the RTO’s capacity auctions (ER17-795). ISO-NE is required to recalculate the values every three years and will apply the revisions in next...

By Michael Kuser Eversource Energy last week reported third-quarter earnings of $260.4 million ($0.82/share), down nearly 2% from the same quarter in 2016. Earnings for the first nine months of 2017 were $750.6 million, up 5% from earnings of $713.1 million in the same period last year. Lembo | Eversource...

By Michael Kuser A cool summer and the impact of Hurricane Harvey drove NRG Energy third-quarter earnings sharply lower, but the company still sees bright days ahead, according to CEO Mauricio Gutierrez. NRG earned $171 million ($0.53/share) last quarter, compared with $402 million ($1.27/share) in the same period last year.

By Michael Kuser FERC last week approved ISO-NE’s proposal to cluster interconnection requests to relieve a backlog in the queue for northern and western Maine. The revisions, effective Nov. 1, will allow the RTO to consider interconnection requests and allocated network upgrade costs in groups rather than individually. The commission’s...